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Investment Highlights

  • Over $800k of recent capital improvements to roofs, exterior paint, landscaping, parking lots, and stairs

Executive Summary

Turnkey investment opportunity with over $800k of recent capital improvements (exterior painting, roofs, landscaping, parking lots, and stairs), excellent operating history, and long-term value add potential with conversion to market-rate housing in 2040. For qualified buyers, debt assumption possibilities exist.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $8,337,480 CAD
Price Per Unit $151,591 CAD
Sale Type Investment
Cap Rate 6.75%
No. Units 55
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.37 AC
Building Size 61,574 SF
Average Occupancy 96%
No. Stories 2
Year Built/Renovated 2000/2025
Parking Ratio 1.17/1,000 SF
Zoning R6

Amenities

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer Hookup
  • Refrigerator
  • Oven
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Clubhouse
  • Laundry Facilities
  • Playground
  • Property Manager on Site
  • Wheelchair Accessible
  • Smoke Free
  • Online Services
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 14 $1,569 CAD 867
3+2 33 $1,643 CAD 1,148
4+2 8 $1,873 CAD 1,148 - 1,242
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
0-6-12-2-21-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$398,448 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40402648

  • Date on Market: 2026-05-05

  • Last Updated:

  • Address: 393 E Spaulding Ave, Pueblo, CO 81007

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